FHA Mortgage Focus Fuels Lend America...

FHA Mortgage Focus Fuels Lend America's Rise

There are 834 comments on the Housing Wire story from Jun 30, 2008, titled FHA Mortgage Focus Fuels Lend America's Rise. In it, Housing Wire reports that:

The changing landscape in mortgage banking is propelling fast-growth for lenders that specialize in originating mortgages endorsed by the Federal Housing Administration ; Melville, New York-based Lend America ...

Join the discussion below, or Read more at Housing Wire.

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jorge avitia nm

Artesia, NM

#875 Jul 10, 2010
I hate to hear all this that is is going on I bougth a home with lend america thank god that it close it is now with with some one eles who took over the loan but I would like to thank shawn brown who realy help me THANK YPU SHAWN BROWN
Tammy Hightower

Auburn, AL

#876 Oct 25, 2010
So what was the outcome? We had the exact same problem. Now we are in preliminary foreclosure from our original lender and don't know what to do.
HBarber wrote:
I refinanced through Lend America, and everything went through the closing just fine. However, they never paid off the original mortgage that was being refinanced. Now we are in a real mess. We have the original lender trying to collect on the outstanding debt, plus the new servicing company is trying to collect as well. They are a real big fraud. Take it from my first hand experience DO NOT USE LEND AMERICA. Find a legimate company to do business with.


#877 Oct 26, 2010
Tammy Hightower wrote:
So what was the outcome? We had the exact same problem. Now we are in preliminary foreclosure from our original lender and don't know what to do.
<quoted text>
pull your loan documents and contact the title company that insured your loan. You paid for title insurance in order to qualify. Contact them and file a complaint in writing. Make sure you contact your local banking dept to see what advise they can give you. Make sure your new lender is aware of the problem and ask them for help as well. Document everything. Just do not wait for something to happen, because eventually it will.
guess it aint over

Lindenhurst, NY

#878 Oct 30, 2010
wow, the repercussions are STILL being felt? guess it ain't over. you can stop smiling now.

Rockaway, NJ

#879 Dec 18, 2010
If you need a life coach go to mikeashley.com . He will show you how to drink the cool aid to make you feel better and then screw you like everyone else he has. I heard he is doing some other business. Not sure what it is but I know he has some of his old cronnies. SO LOOK OUT LONG ISLAND

Brooklyn, NY

#880 Feb 11, 2011
Mark, EJ and Nicole wrote checks to employees and pocketed the payroll tax portion for themselves.

Tampa, FL

#881 Nov 7, 2011
I heard that they cannot locate 50% of who accquired mortgages with lend America..Is that true? I have one with them..and tried to a re-modification got a lawyer and everything and they do not know who to even send the papers to cause lend America never responded. Does anyone know what I should do??
Irebe Faris

Richmond Hill, Canada

#882 Nov 8, 2011
Please go to Change.org and sign my petition for Lend America so we can hopefully receive a Class Action Case against Mike Ashley owner of Lend America

Carbondale, PA

#883 Feb 26, 2012
John Kuratnick wrote:
RCWLW We are not a bitter group but are sick of getting ripped off from Lend America. I have a meeting with the Attorney General Office on Friday and will attempt to prosecute Lend America and shut them down in Delaware. No matter how long it takes and no matter how much money it takes. I want to hang that group.
I would like to say I feel badly for you....but. Did you lose much? One, two, it doesn't matter.
It could be karma, Jay. Know what I mean?
There is a Higher Power that does NOT sleep. Eventually, we're all held accountable and reap what we have sown.
By the way, he grew up to be a 'gentleman' and a WONDERFUL father to three beautiful children.
Smelly lendumbericans

Trenton, NJ

#885 Aug 10, 2012
Well, well, well...this smells an AWFUL lot like the whole Agape investigation where they used the bankruptcy courts to provide evidence for the criminal investigation. It's just getting interesting and I guess they'll all be ratting against each other now. Takes a LONGGGG time, lol.
you derk

Hillside, NJ

#886 Nov 18, 2013
Stop the slander wrote:
no I do not care to retract my previous statement -those indictments have NOTHING to do with what has happened to LA - they are totally seperate entities and on that note I repeat - to date there have been no indictments handed down in regards to what happened to LA in December 2009 and I also repeat, the slander, defamation and hate that is being spewed out on this forum is without merit - LA, their executive officers, management and employess in general still have their rights under the legal system of the United States of America and one of those rights is innocent until proven guilty beyond a reasonable doubt by a jury of their peers - take your hate campaign somewhere else
Hahaha, just wondering if anything was happening with this and read this dumbarse statement. What a moo-ron! With 2 already pinched a while back, the "king" will be made into a queen behind bars.
Rachael Gill

Great Neck, NY

#889 Jun 25, 2014
Thats not true Jordy Castillo is a very sincere honest man, that goes above and beyond to help people get their loans qualified .He did Loans for my Frineds and Family and they all got approved..he worked many hard hours and its not his fault that your loan did not get approved. So before you make accusations, you may want to get your facts straight. Once again i will say I never met a harder working or more dedicated Loan Officer then Jordy Castillo, that genuinely cares about all of his clients and he is devastated for families when it doe not work out in their favor. And that is a fact, returned phones calls? he pointed you in the right direction . You are not the only person in the world that looks to him for a loan. Sorry for your loss. Take responsibility for your own financial situation , instead of blaming hard working people.
This is in response to that nasty comment posted years ago, I just came across it and would like the world to know the truth. Thank you and take care
wise to them

Morehead, KY

#891 Jun 29, 2014
ass15 wrote:
lend america is a piece of crap, they say they will help you for the h4h program after they tell you you are qualified the wont return your phone calls, PIECE OF SHIT LEND AMERICA
It has been years and still this nasty company is still in business, only because they snatch unsuspecting young people who do not research companies before they engage. This predatory lender is one of the big ones, there are many more out there. Lots of lenders are builders that sweep you up into a group, set you down and blow smoke up you Arse!!! I checked one out in Houston one time just for the heck of it. After asking me my financail status they deduced that yes I could definately afford their home, new stick built home based on my income. While they did not take into consideration income vs expenses, I did the math and told them no way can I afford your home. They inisisted yes I could afford it. I had it in black and white, my outgoing expense on top of their mortgage payment and I would have been in the hole so deep, I would not have been able to stay in their new home for more than a month before they would have repossesed it, for I would not been able to pay all my bills, eat and pay a mortgage. On top of that they would not even let you see a model home, you had to sign up to get a mortgage from them before you could even see a plan of the homes let alone a real stick build model. What a sham this company was. That people is preditory lending at its finest. They will ruin your credit and they have $$$ in their pockets and you are out !!!! Please check out lenders before you even consider taking on a loan from anyone. Check out preditory lenders on Google, read all you can. Type in the name of the company you think you may do business with. Check the BBB, all good companys proudly display their BBB status and it will be on the internet. This company like I said before, is one of the very worst to screw you over. I would not do business with them if they were the last lenders on the planet.. BUYER BE WARE!!!!!!!!!!
Now worried

Brooklyn, NY

#893 Apr 17, 2015
<quoted text>
Can't believe it. Brian Fried is the guy who runs the Inventor groups on Long Island! Very disappointing to realize he was the guy behind so many of those schemes & banned from the SEC for fraud (that's all public record). I'm praying it's somehow a different Brian Abraham Fried bc I'm trusting him with my invention secrets! I just heard that he IS in fact the brother-in-law of Michael Ashley! I'm freaking out now!! Can't believe he was a major player in the Lend America mortgage scam!! HELP!!

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